price support

noun

: artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action

Examples of price support in a Sentence

Recent Examples on the Web To critics of large-scale commercial farming, the payments highlight a deeply flawed system of corporate subsidies, which last year included more than $30 billion in taxpayer money directed to the agriculture sector, much of it for crop insurance, commodity price support and disaster aid. Andrew Jacobs, New York Times, 2 Apr. 2024 This will only happen when regulatory certainty and price support mechanisms, backed by government, are in place. Jennifer Leigh Parker, Forbes, 29 Nov. 2023 The sentiment shift toward price support may be the result of analysts’ expectations that tomorrow’s weekly EIA storage report could see yet another surplus-busting, below-average injection. WSJ, 11 Oct. 2023 Central banks are providing long-term price support. Sanford Mann, Forbes, 20 Apr. 2023 Bitcoin, Ethereum and XRP managed to hold above key price support levels during March and have rallied semi-vigorously. John Navin, Forbes, 27 Mar. 2022 So far, right-wing populist parties have largely benefited from new divisions in the electorate over housing, with people living in areas untouched by the boom in property prices supporting causes like Brexit in greater numbers. Benjamin Mueller, New York Times, 29 Feb. 2020 Yet despite taxpayer funding of these efforts, Azar speculated that vaccines might not be affordable to all and dismissed the idea of using price supports to ensure that poor people would have access to the vaccine. Gavin Yamey, STAT, 5 Mar. 2020 Right-wing populist parties have largely benefited from new divisions in the electorate over housing, with people living in areas untouched by the boom in property prices supporting causes like Brexit in greater numbers. Benjamin Mueller, BostonGlobe.com, 29 Feb. 2020

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price support.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1927, in the meaning defined above

Time Traveler
The first known use of price support was in 1927

Dictionary Entries Near price support

Cite this Entry

“Price support.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20support. Accessed 25 Jun. 2024.

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